SENEX: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SENEX
Largest movements
- Deferred charges and accrued income +€18,166
up €18,166 (+21.5%), from €84,477 to €102,643
- Other debts +€62,214
up €62,214 (+48.2%), from €129,056 to €191,270
- Profit (loss) carried forward -€29,500
down €29,500 (-24.8%), from €119,052 to €89,551
- Trade debts -€9,172
down €9,172 (-25.1%), from €36,486 to €27,313
- Tax, wage and social debts -€5,452
down €5,452 (-22.7%), from €24,028 to €18,576
- Gross operating margin +€3,056
up €3,056 (+6.6%), from -€46,371 to -€43,315
- Depreciation -€819
down €819 (-48.5%), from €1,687 to €869
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €396,104 | €413,353 | +€17,248 | +4.4% |
| Fixed assets | 21/28 | €1,627 | €710 | -€917 | -56.4% |
| Tangible fixed assets | 22/27 | €1,602 | €685 | -€917 | -57.3% |
| Plant, machinery and equipment | 23 | €525 | - | -€525 | |
| Furniture and vehicles | 24 | €19 | - | -€19 | |
| Other tangible fixed assets | 26 | €1,059 | €685 | -€374 | -35.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €394,477 | €412,643 | +€18,166 | +4.6% |
| Amounts receivable after more than one year | 29 | €310,000 | €310,000 | = | 0.0% |
| Other amounts receivable | 291 | €310,000 | €310,000 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €84,477 | €102,643 | +€18,166 | +21.5% |
| Total equity and liabilities | 10/49 | €396,104 | €413,353 | +€17,248 | +4.4% |
| Equity | 10/15 | €133,312 | €103,811 | -€29,500 | -22.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,052 | €89,551 | -€29,500 | -24.8% |
| Provisions and deferred taxes | 16 | €65,724 | €65,724 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €65,724 | €65,724 | = | 0.0% |
| Pensions and similar obligations | 160 | €65,724 | €65,724 | = | 0.0% |
| Amounts payable | 17/49 | €197,069 | €243,818 | +€46,749 | +23.7% |
| Amounts payable within one year | 42/48 | €197,069 | €243,818 | +€46,749 | +23.7% |
| Financial debts | 43 | €7,499 | €6,659 | -€841 | -11.2% |
| Credit institutions | 430/8 | €7,499 | €6,659 | -€841 | -11.2% |
| Trade debts | 44 | €36,486 | €27,313 | -€9,172 | -25.1% |
| Suppliers | 440/4 | €36,486 | €27,313 | -€9,172 | -25.1% |
| Taxes, remuneration and social security | 45 | €24,028 | €18,576 | -€5,452 | -22.7% |
| Taxes | 450/3 | €24,028 | €18,576 | -€5,452 | -22.7% |
| Other amounts payable | 47/48 | €129,056 | €191,270 | +€62,214 | +48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,687 | €869 | -€819 | -48.5% |
| Other operating charges | 640/8 | €300 | €196 | -€104 | -34.7% |
| Non-recurring operating charges | 66A | - | €49 | +€49 | |
| Gross operating margin | 9900 | -€46,371 | -€43,315 | +€3,056 | +6.6% |
| Operating profit (loss) | 9901 | -€48,359 | -€44,429 | +€3,930 | +8.1% |
| Financial income | 75/76B | €17,081 | €17,081 | = | 0.0% |
| Recurring financial income | 75 | €17,081 | €17,081 | = | 0.0% |
| Financial charges | 65/66B | €1,140 | €1,507 | +€367 | +32.2% |
| Recurring financial charges | 65 | €1,140 | €1,507 | +€367 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | -€32,418 | -€28,855 | +€3,563 | +11.0% |
| Income taxes | 67/77 | €506 | €646 | +€140 | +27.6% |
| Profit (loss) for the period | 9904 | -€32,924 | -€29,500 | +€3,423 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,924 | -€29,500 | +€3,423 | +10.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.